SEC Form 4 · accession 0001140361-16-058530
Northrop Grumman Innovation Systems, Inc. · OA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas E McCabe
Officer — Senior VP and General Counsel
Period of report
Mar 17, 2016
Accepted (ET)
Mar 21, 2016 · 2:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000866121
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Mar 17, 2016 | S | 495 | $79.7611 | D | 4,919 | D | |
| Common Stock | Mar 17, 2016 | A | 2,014 | $0.00 | A | 6,933 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3 | $79.43 | Mar 17, 2016 | A | 3,896 | A | — | Mar 17, 2026 | Common Stock | 3,896 | 3,896 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- F2This transaction was executed in multiple trades at prices ranging from $79.7022 to $79.8022. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F3Options become exercisable in three equal annual installments beginning March 17, 2017.